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Tishman Speyer’s new co-working arm will go after corporate clients

The Real Deal November 6, 2018

Tishman Speyer is launching a new co-working service to chase corporate clients, falling in line with the shift to blue-chip companies in the shared-office industry.The mega-landlord’s new product, Studio Private, will provide large companies with office suites with “privacy and singular company culture,” while remaining a co-working brand. The new service is an expansion of Tishman’s co-working offices arm, Studio, which launched this month at 600 Fifth Avenue with a 35,000 square foot space on the tower’s second floor. That service targets smaller firms, matching more traditional co-working office suites. Studio Private will open its first location at the Rockefeller Center in December, with flexible lease terms that start at one year for office space starting at 2,000 square feet and up to full-floor suites. New clients will also have access to the co-working brand’s exclusive club, ZO, an amenities platform that provides wellness programs, backup child care, catering and other resources.“Studio Private is a turnkey solution, offering companies a connected, customizable and contemporary spaces without having to make long dated space decisions,” the company said in a statement.